XML 34 R24.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Details of Basic and Diluted Earnings Per Share

The following table sets forth the details of basic and diluted earnings per share:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(unaudited, in thousands, except per share amounts)

 

 

(unaudited, in thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

3,436

 

 

$

(2,177

)

 

$

3,484

 

 

$

(4,558

)

Dividends paid to preferred stockholders

 

 

(34

)

 

 

(185

)

 

 

(67

)

 

 

(326

)

Net income (loss) available to

common stockholders

 

$

3,402

 

 

$

(2,362

)

 

$

3,417

 

 

$

(4,884

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding –

   basic

 

 

32,068

 

 

 

21,888

 

 

 

31,685

 

 

 

18,612

 

Potential common shares – options /

   warrants (treasury stock method)

 

 

3,240

 

 

 

 

 

 

1,680

 

 

 

 

Weighted average shares outstanding –

   diluted

 

 

35,308

 

 

 

21,888

 

 

 

33,365

 

 

 

18,612

 

Shares excluded (anti-dilutive)

 

 

 

 

 

 

 

 

 

 

 

 

Shares excluded due to an exercise price

   greater than weighted average stock

   price for the period

 

 

125

 

 

 

7,100

 

 

 

125

 

 

 

3,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.11

 

 

$

(0.11

)

 

$

0.11

 

 

$

(0.26

)

Diluted

 

$

0.10

 

 

$

(0.11

)

 

$

0.10

 

 

$

(0.26

)